The drilling manager for West Karoun oilfields at the National Iranian Drilling Company (NIDC) announced that the cumulative progress of drilling 10 wells in the shared South Azadegan oil field has surpassed 90%.
IRAN Feed Atom
President Masoud Pezeshkian said Sunday that one way to boost economic development in southern ports is to issue licenses for small-scale refineries, adding that he has ordered streamlined processes to facilitate their establishment.
Pars Oil and Gas Company's deputy of development projects reported a 1.7 million cubic meters per day increase in gas production capacity at South Pars Phase 13.
Iran's residential, commercial, and small-scale industrial sectors consumed 621 million cubic meters of gas due to decreased temperatures, accounting for 72% of the total natural gas production.
The head of exploration at the National Iranian Oil Company (NIOC) announced that exploration drilling in offshore areas will resume after a five-year pause, marking the first such activity under the 14th administration.
Iran's Energy Minister announced plans to facilitate the export of Iran’s engineering and technical services to Tajikistan, emphasizing the active involvement of Iranian engineers in the country's water and power projects.
The parliamentary deputy to the president stated that hidden energy subsidies in the country amount to a significant sum and are one of the reasons behind the smuggling of energy resources.
The CEO of Abadan Refinery announced that the facility’s daily gasoline production will increase by 8 to 10 million liters as operational conditions stabilize.
The spokesperson for the National Iranian Gas Company announced on Saturday that 867 million cubic meters (mcm) of gas were delivered to the national grid on Friday.
The National Iranian Oil Refining and Distribution Company reported a significant increase in daily gasoline production over 10 million liters in the last four months of last year.
Iranian Oil Minister Mohsen Paknejad will discuss oil and gas cooperation with Russia in Moscow, Azernews reports.
Iran's Renewable Energy and Energy Efficiency Organization head Tarztalab suggests establishing national market guarantees in countries alongside international mechanisms like carbon trading and emission reduction certificates.
The CEO of Iranian Oil Terminals Company (IOTC) stated that the continuous uninterrupted oil exports, a crucial economic development factor, are largely due to the diligent efforts of its employees.
Iran remains the third-largest producer in OPEC, with daily oil output reaching 3.314 million barrels in December 2024, according to the first 2025 report.
The head of the Engineering and Development Department of the National Iranian South Oil Company (NISOC) announced the use of downhole pumps to boost and maintain production from low-pressure wells.
The Negin Makran Petrochemical Development Company has invested €10 billion in establishing Chabahar’s third petrochemical hub to develop complexes and complete the methane gas value chain, aiming to end Iran’s raw petrochemicals exports.
The head of Iran's Civil Aviation Organization has announced that a French company is prepared to sell jet fuel to Iranian airlines, despite higher costs.
The deputy CEO of NIORDC has stated that the company's internal capacities are insufficient to meet the demands of the refining and distribution industry.
The CEO of Pars Oil and Gas Company (POGC) highlighted the South Pars gas field as the largest integrated asset for Iranians, crucial for energy needs and GDP.
The Petroleum Engineering and Development Company's procurement and logistics manager emphasized the need for swift acquisition of high-quality supplies for strategic projects in shared oilfields.